Players take sides in drink tax discussion

Players take sides in drink tax discussion

The beverage sector has called for a delay in Vietnam’s proposed tax increase on alcohol as the industry is at risk from high inflation, increased material costs, and low demand.
Adjustments drawn up for tax support for enterprises

Adjustments drawn up for tax support for enterprises

The Vietnamese government is expeditiously offering the business community assistance in the form of tax relief schemes and other payment extensions.
Global Minimum Tax a head-scratcher for Vietnamese policymakers

Global Minimum Tax a head-scratcher for Vietnamese policymakers

As many countries plan to adopt the Global Minimum Tax Rate (GMTR) in 2024, experts are concerned that the entry into force of the rate would discourage foreign companies from locating their operations in low-tax countries.
VCCI suggests delaying corporate tax and land rent payments by six months

VCCI suggests delaying corporate tax and land rent payments by six months

The purpose of delaying these payments is to help manage cash flows. However, businesses are still required to make full payments to the budget deficit.
Vendors forced out with tax tightening

Vendors forced out with tax tightening

Tightening tax collection rules in regards to online sellers will likely force out amateur vendors that cut corners to make quick money via e-commerce.
Alcohol, tobacco and soft drinks face increase in excise tax

Alcohol, tobacco and soft drinks face increase in excise tax

Alcohol, tobacco and soft drinks are facing an increase in excise tax that the MoF hopes will improve community health and contribute to the budget deficit.
Vietnam to amend law on personal income tax

Vietnam to amend law on personal income tax

It is pressing for Vietnam to amend the Law on Personal Income Tax (PIT) as many of its regulations have proven outdated and no longer appropriate.
Vietnam should embrace hybrid excise regime: report

Vietnam should embrace hybrid excise regime: report

PwC Vietnam has just published the report "Study on the excise tax system, asserting that the excise tax on cigarettes in Vietnam should be converted to a hybrid tax system.
Tax proposal for second properties presents questions over viability

Tax proposal for second properties presents questions over viability

A new second property tax pilot proposal has raised concerns that the market will become affected by low liquidity, discouraging buyers.
Navigating tax concerns for Vietnamese and multinational companies

Navigating tax concerns for Vietnamese and multinational companies

The pandemic has reshaped the global and domestic economy, and altered every nook and cranny of the tax landscape.
Overseas tech titans facing hurdles in digital taxation

Overseas tech titans facing hurdles in digital taxation

Businesses are still hoping for further specifications on the regulations on digital and cross-border commerce by Vietnam’s tax authorities to prevent tax losses.
EY Consulting Vietnam and CFO Vietnam hold Tax Symposium

EY Consulting Vietnam and CFO Vietnam hold Tax Symposium

EY Consulting Vietnam and CFO Vietnam have collaboratively held the Tax, Legal, and Customs Symposium themed Overcome Challenges to Grow.
Foreign service providers fulfill tax obligations in Vietnam

Foreign service providers fulfill tax obligations in Vietnam

Since the portal for tax payment of cross border activities was launched on March 21 this year, 36 foreign service providers have registered, declared and paid taxes through it, heard a webinar held by the Government Portal on September 29.
Vietnam ponders hybrid car tax shift

Vietnam ponders hybrid car tax shift

A lower tax on hybrid cars should be calculated carefully when it comes to contributing to environmental protection, instead of benefiting only a few automobile manufacturers.
Conference looks into optimal tax system for tobacco

Conference looks into optimal tax system for tobacco

The current excise tax system on tobacco has many flaws. As the government is considering tax increases, experts have proposed the adoption of a mixed exercise system to harmonise various objectives.
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